Bankrupt (Photo credit: LendingMemo) |
Then was rejected for filing an incomplete application.
On Sunday, 13-APR-2014, Press Release started appearing all of the US through PRNewsWire, which linked to this document :
http://www.kccllc.net/telexfree/document/1412524140413000000000001
Appears to be official, and contains a list of creditors owned money to.
According to some comments, (unverified) the top creditors to the bankrupt TelexFree are Carlos Costa's wife and nephew (1.34 mil and 0.96 mil USD respectively). Carlos Costas is head of TelexFree in Brazil.
Document only lists the top 30 creditors, there are obviously much much more.